Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Golden chance to liquidate babies’ gold rings?
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Inflation eases in April, continues bumpy ride
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Seoul to more than double military drones by 2026 to counter NK threats
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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Asiana to reopen 13 int'l routes in June as virus woes ease
Asiana Airlines Inc., South Korea's second-biggest carrier, said Thursday it will resume flights on 13 international routes next month as the coronavirus outbreak seems to have passed its peak. The move comes on the heels of its bigger local rival Korean Air's similar plan. Asiana plans to restart flight services on 13 international routes -- one to Seattle and 12 to Chinese cities, such as Beijing and Shanghai -- from June 1, while increasing the number of flights on six other routes to citi
May 14, 2020
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Korean Air to raise W1tr via stock sale amid virus woes
Korean Air Lines Co. said Wednesday it will raise 1 trillion won ($820 million) by selling stocks as part of self-help measures amid the growing coronavirus impact on the airline sector. The rights issue is one of the options that Korean Air has reviewed to raise the capital needed to ride out the coronavirus crisis, the company said in a statement. Shareholders of the country's biggest carrier will be given the rights to buy 79 million stocks to be issued at 12,600 won per share. The new sha
May 13, 2020
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Hyundai Glovis enters China’s cold chain market
Hyundai Glovis said Wednesday it has been picked as operator of Korea Agro-Fisheries & Food Trade Corp.’s logistics center in Qingdao, China, its first cold chain business abroad. According to the logistics unit of Hyundai Motor Group, its local unit Beijing Glovis, which has been operating there since 2005, will take charge of operation and management of the Qingdao center. Beijing Glovis will manage the logistics operations -- from transport to storage and delivery of
May 13, 2020
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Mercedes-Benz Korea unveils concept car Vision EQS
Mercedes-Benz Korea on Wednesday unveiled its next-generation electric vehicle the Vision EQS concept car for the first time in South Korea. The Vision EQS was introduced to the public at the 2019 Frankfurt International Motor Show in September last year. The model shows the company’s design vision for future luxury electric sedans, according to the carmaker, which held its Vision EQS media presentation in Goyang, Gyeonggi Province. By adding its top “S” class next to EQ, th
May 13, 2020
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Renault Samsung launches compact SUV Captur in Korea
Buckling down to further penetrate the popular sport utility vehicle market in South Korea despite the pandemic woes, Renault Samsung Motors on Wednesday launched its flagship compact SUV which has topped the European market since 2014. Captur is Renault Samsung’s second-generation revamped model and the second one to keep Renault’s diamond badge instead of being rebadged with the Renault Samsung logo. According to the automaker, Captur was launched in Europe in 2013 and more than
May 13, 2020
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Hyundai Motor to establish hydrogen bus charging station at Incheon airport
Hyundai Motor Group said Tuesday it will establish a hydrogen bus charging station inside the country’s gateway Incheon International Airport by March next year. The carmaker will sign an agreement with Incheon International Airport Corp., Air Liquid Korea and Hydrogen Energy Network Corp. to boost hydrogen economy and establish low-carbon, eco-friendly airport environment. The agreement comes as part of the Environment Ministry’s project to support establishment of charging
May 12, 2020
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Volvo Cars Korea, SKT team up to develop infotainment system
Volvo Cars Korea said Monday that it has joined hands with SK Telecom to develop a next-generation infotainment system suitable for South Korean customers. The two sides have signed a contract to develop the system to offer Volvo customers here with a customized infotainment system, which would work as a basis for providing connected services, Volvo Cars Korea said. The automaker aims to gradually apply the next-generation infotainment system to some models launched in Korea from 2022. The n
May 11, 2020
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Hyundai Motor Group establishes ‘nontact’ IT development platform
Hyundai Motor Group said Monday that it had established a “nontact” -- or non face-to-face -- IT development platform for software and program development tools amid increasing worldwide efforts to prevent the spread of the new coronavirus. The automaker said the new platform had been applied with a cloud system which allows connections from outside for software development and using the infrastructure and program development tools. The group’s IT subsidiary Hyundai Au
May 11, 2020
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HMM Algeciras departs for Europe with record-largest shipment
HMM said Sunday its containership HMM Algeciras departed for Europe from Yantian, China, on Friday with a full load of containers. The world’s largest container vessel entered Busan’s new port in April 28 and departed two days later with 7,156 TEUs, or twenty-foot equivalent units. It later entered Yantian Thursday last week after passing through Ningbo and Shanghai in China, and headed to Europe on Friday with 19,621 TEUs, the largest shipment ever worldwide. Geneva-based ship
May 10, 2020
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Air carriers ease international flight routes
South Korean air carriers, hit by unprecedented reduction in passenger traffic and suspension of routes over COVID-19, are slowly resuming international operations, according to industry sources Friday. Korean Air plans to open 32 out of 110 international routes from June 1. It will also resume operation of flights to Washington, Seattle, Vancouver and Toronto in 50 days after the routes have been halted since March. The number of routes to San Francisco, Chicago and Atlanta will be als
May 8, 2020
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Hyundai signs deal for open source software management
Hyundai Motor Group said Friday it has signed a memorandum of understanding with the National IT Industry Promotion Agency for strategic development and management for open source software. Under the MOU, they will support each other to make use of open source softwares in the automotive manufacturing business to increase global competitiveness, as well as to establish a system for supply network of open source software, the carmaker said. Open source software is based on publicly
May 8, 2020
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[News Focus] Will Mercedes-Benz’s emissions penalty alter car market?
After Mercedes-Benz Korea was slapped with the largest-ever fine of 77.6 billion won ($63.4 million) by the Environment Ministry for rigging emissions data on diesel cars, the market paid attention to whether it would alter the imported car market here. The ministry on Wednesday said some 4,400 diesel cars of 14 models sold by Mercedes-Benz Korea, Nissan Korea and Porsche Korea between 2012 and 2018 passed pollution standards by illicitly manipulating software to reduce the amount of nitrogen
May 7, 2020
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Korean Air to reopen dozens of int'l routes in June
Korean Air Lines Co., South Korea's biggest carrier by sales, said Thursday it will reopen dozens of its international routes next month amid signs the coronavirus epidemic may have passed its peak. Korean Air plans to resume flights on 19 international routes on June 1 as the country's top flag carrier strives to offset a sharp decline in passenger travel demand with an increased demand for cargo deliveries, the company said in a statement. The reopening routes include Washington, DC, Seattl
May 7, 2020
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Hyundai Mobis develops engine sound system for EVs
Hyundai Mobis, an auto parts making unit of Hyundai Motor Group, said Wednesday that it has developed the world’s first virtual engine sound system called Acoustic Vehicle Alert Sound with a vehicle’s grille cover. The system was created by making use of the grille cover of the electric car, which has a completely blocked front grille unlike a combustion engine car that has an open-type grille in the front, as part of the speaker. The sound system makes a beeping sound
May 6, 2020
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Hyundai’s all-new Palisade debuts with highest-level trim
Hyundai Motor Group said Wednesday that it has launched the latest version of its sport utility vehicle Palisade incorporating the highest-level trim, following consumer demand. The automaker has added the highest grade trim of 2020 Palisade called Calligraphy, a concept which was first introduced to the new Grandeur launched last year. The all-new Palisade has applied a special radiator and intake grille, wheel designs, a skid plate and a body color cladding, the company said. T
May 6, 2020
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Tada operator files constitutional petition against revised passenger transport law
The operator of the ride-hailing service Tada has filed a constitutional appeal against a revised passenger transport service act, company officials said Tuesday, accusing the amendment of infringing on the freedom of corporate activities and other basic rights. The Value Creators & Company (VCNC) submitted the petition to the Constitutional Court on Friday, about two months after the National Assembly passed the revision that effectively bans the ride-hailing service. The act allows the
May 5, 2020
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South Korea seeks ICAO status upgrade
South Korea plans to create an organization dedicated to the International Civil Aviation Organization, aiming to upgrade its status and raise global competitiveness, officials said Tuesday. The Transport Ministry said it will create a team named, ICAO and Global Partnerships, responsible for policies related to international civil aviation. ICAO is a UN specialized agency, established by States in 1944 to manage the administration and governance of the Convention on International Civil Avia
May 5, 2020
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Airlines to record worst earnings slump amid pandemic
South Korea’s airline industry is likely to record its worst performance in the first quarter with the dismal situation continuing in the near future. The nation’s largest airline Korean Air, which will announce its first-quarter earnings next week, is expected to post an operating loss of around 240 billion won ($195 million), the first red in 18 quarters since 2015, according to industry watchers. Passenger traffic is expected to shrink around 30 percent on-year. Asiana Airlin
May 5, 2020
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GM Korea’s SUV Chevrolet Trax tops small SUV sales in US
GM Korea said Monday that its small sport utility vehicle Trax ranked No. 1 in the United States in the category for small SUVs in the first quarter. According to the automaker, an accumulated 28,242 units of Chevrolet Trax have been sold in the US from January to March, topping the list among 15 kinds of small SUVs sold there. Following Trax were Honda HR-V and Hyundai Motor’s Kona at 19,414 units and 15,174 units, respectively. All Trax models are manufactured at the automaker&
May 4, 2020
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Hyundai, Kia to resume US factory operations this week
Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday their US plants will resume operations this week after taking thorough quarantine measures to guard against the new coronavirus. Hyundai and Kia plan to restart production at their plants in Alabama and Georgia, respectively, on Monday (US time) and flexibly operate the plants "depending on the COVID-19 developments and local market conditions," a company spokesman said over the phone. Hyundai has suspended the Alabama
May 4, 2020